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GameStop Corp (GME): Today's Featured Retail Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

GameStop (
GME) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 0.2%. By the end of trading, GameStop rose 60 cents (2.9%) to $21.66 on average volume. Throughout the day, 3.3 million shares of GameStop exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in a price between $21.03-$21.82 after having opened the day at $21.06 as compared to the previous trading day's close of $21.06. Other companies within the Retail industry that increased today were:
HHGregg Incorporated (
HGG), up 7.2%,
Christopher & Banks Corporation (
CBK), up 5.7%,
Casual Male Retail Group (
CMRG), up 5.3%, and
Wet Seal (
WTSLA), up 4.2%.

GameStop Corp. operates as a video game retailer. GameStop has a market cap of $2.68 billion and is part of the
services sector. The company has a P/E ratio of 8.8, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 12.7% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate GameStop a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates GameStop as a
hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.